Chi Omega Fraternity
- Assets
- $27.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kansas City, MO
- Founding
- 12/1940
- Data as of
- 05/2024
- EIN
- 43-6072517
Organization Overview
Chi Omega Fraternity is located in Kansas City, MO. The organization was established in 1940. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Chi Omega Fraternity is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 05/2024, Chi Omega Fraternity generated $88.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $88.2k during the year ending 05/2024. While expenses have increased by 1.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
CHI OMEGAS MEMBERSHIP IS COMPOSED OF WOMEN OF DIVERSE RACIAL, RELIGIOUS AND ETHNIC BACKGROUNDS. AN INDIVIDUAL SELECTED FOR MEMBERSHIP MUST MEET AND MAINTAIN FRATERNITY REQUIREMENTS AND REFLECT A GENUINE INTEREST IN REALIZING THE FRATERNITYS PURPOSES, WHICH ARE FRIENDSHIP, HIGH STANDARDS OF PERSONNEL, SINCERE LEARNING AND CREDITABLE SCHOLARSHIP, CAREER DEVELOPMENT, PARTICIPATION IN CAMPUS ACTIVITIES AND COMMUNITY SERVICE. CONSISTENT WITH FEDERAL LAW, WHICH RECOGNIZES THE RIGHT OF COLLEGE SOCIAL FRATERNITIES TO MAINTAIN SINGLE SEX MEMBERSHIP PRACTICES,CHI OMEGA IS A FEMALE ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Megan Ebert President | 10 | $0 | |
Kirsten Spilde Vice Preside | 2 | $0 | |
Lily Lefferd Secretary | 6 | $0 | |
Andrea Basalo Treasurer | 3 | $0 | |
Olivia Christensen New Member E | 5 | $0 | |
Andriana Spangler Personnel Ch | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,733 |
| Total Program Service Revenue | $0 |
| Membership dues | $82,275 |
| Investment income | $160 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $88,168 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $88,238 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $88,238 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,139 |
| Other assets | $0 |
| Total assets | $27,139 |
| Total liabilities | $0 |
| Net assets or fund balances | $27,139 |